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Intervention by Prime Minister on Climate Change at CHOGM Mr. Chairman, President Sarkozy’s presence at our deliberations adds to their quality. We have benefited from his insights and his wisdom and, in particular, his concern over the challenges posed to developing countries by Climate Change. The multilateral negotiations under the UNFCCC have been proceeding on two parallel tracks for the past two years. The first track derives its mandate from the Bali Action Plan adopted by consensus in December, 2007. Its mandate for the multilateral negotiations is very clear and unambiguous. We are to work towards an Agreed Outcome at Copenhagen which would represent enhanced implementation of the UN Framework Convention on Climate Change. The Bali Action Plan calls for enhanced implementation specifically in respect of mitigation, adaptation, finance and technology. And why was it necessary to enhance implementation in these respects? Precisely because the provisions of the UNFCCC had barely been implemented and in the meantime, the threat of Climate Change had become more compelling than had been envisaged when the Rio Convention was concluded in 1992. Therefore, if the outcome at Copenhagen diminishes rather than enhances the implementation of the UNFCCC in respect of the specific components of mitigation, adaptation, finance and technology, it would represent a serious setback, no matter how we seek to characterize this result. Mr. Chairman, India has repeatedly emphasized the need for the Copenhagen outcome to be comprehensive, balanced and above all, equitable. It must be comprehensive in the sense that it must cover all the inter-related components of mitigation, adaptation, finance and technology. This means we should resist a partial outcome. Furthermore, there must be balance and equal priority given to each of the 4 components. Mitigation is important but cannot take precedence over adaptation which, for many countries represented here, poses a greater challenge. And most important from our perspective, is the need to ensure an equitable outcome corresponding to the principle of common but differentiated responsibilities and respective capabilities. India is willing to sign on to an ambitious global target for emissions reductions or limiting temperature increase but this must be accompanied by an equitable burden sharing paradigm. We acknowledge the imperative of science but science must not trump equity. Climate Change action based on the perpetuation of poverty will simply not be sustainable. Before I conclude, I wish to say a few words about the second track in the multilateral negotiations, which is the Kyoto Protocol track. Contrary to impressions which have been mistakenly circulated, the Kyoto Protocol will not expire in 2012. 2012 marks the end of the first commitment period for developed country parties to fulfill their legally binding obligations to reduce their economy-wide emissions by a specific quantified figure. The negotiations under way are to review progress achieved in meeting the targets by 2012 and to sign on to more significant obligations in the second commitment period commencing in 2013. Despite the efforts of the developing country parties to the Protocol, no progress has been achieved in fulfilling the mandate of the Working Group on Kyoto Protocol, which has been meeting for the past three years. The attempts by some countries to dispense with the Kyoto Protocol altogether has generated avoidable misgivings and has been strongly resisted by all developing countries without exception. We hope that a legally valid instrument to which we too are parties, will not be set aside in a cavalier manner. This will undermine credibility in any future legally binding instrument. We welcome the proposal made by Prime Minister Gordon Brown for the mobilization of at least $ 100 billion by 2020 for supporting climate change action in developing countries. We also welcome the priority he has given to the needs of Least Developed Countries and Small Island Developing States. However, much of this finance is market-based and hence subject to market volatility and unpredictability. We can hardly plan long-term action on this basis. Furthermore, adaptation requirements do not lend themselves to market based finance. Kuwait |